Mumbai, October 28, 2026: HomeFirst Finance reported a 29.1% year-on-year increase in profit after tax (PAT) to ₹170 crore for the quarter ended September 30, 2026, as its assets under management (AUM) crossed ₹18,000 crore for the first time.
The company’s AUM stood at ₹18,010 crore at the end of Q2FY27, reflecting a 27% rise over the same period last year and a 6.3% increase sequentially. Disbursements reached an all-time high of ₹1,705 crore, up 32.2% year-on-year and 4.7% quarter-on-quarter.
Asset quality and income metrics
HomeFirst Finance maintained stable asset quality, with 1+ days past due (DPD) at 4.7% and 30+ DPD at 3.2%, unchanged from the previous quarter. The non-performing assets (NPA) ratio improved to 1.7%, down 10 basis points quarter-on-quarter and 20 basis points year-on-year.
Total income for the quarter was ₹567 crore, an 18.4% increase from ₹479 crore in Q2FY26 and 5% higher than the previous quarter. Net total income rose 23.9% year-on-year to ₹343 crore.
Profitability and efficiency ratios
Return on assets (RoA) remained steady at 4.2%, while return on equity (ROE) improved by 40 basis points quarter-on-quarter to 14.9%. The company’s cost-to-income ratio declined to 30.8% from 32% a year earlier and 32.7% in the previous quarter.
Operating expenses for the quarter were ₹106 crore, up 19.2% year-on-year but down 2.8% sequentially. Interest expense rose 10.8% year-on-year to ₹224 crore.
Spreads and stage 3 assets
The company’s spread stood at 5.2%, down 10 basis points both year-on-year and quarter-on-quarter. Gross stage 3 assets were at 1.7%, compared to 1.9% in Q2FY26 and 1.8% in Q1FY27.
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